Baltic Dry Index Breaks 2-Day Advance

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Thursday, dropping about 2.7% to a one-week low of 3,521 points. Weaker rates across larger segments were behind the decline. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, …

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HFW strengthens market‑leading global shipping practice and continues Paris growth with hire of Partner Anisha Franklin

Global, sector-focused law firm HFW has strengthened its market‑leading global shipping practice and continued the strategic growth of its Paris office with the appointment of Anisha Franklin as Partner. Anisha rejoins HFW in Paris from global transportation company MSC, where she has been Senior Legal Counsel advising the group’s owners and executive leadership on strategic, …

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Italy’s NextGeo to open office in Germany

Italy-headquartered offshore survey specialist Next Geosolutions (NextGeo) is expanding into Germany with a new […] The post Italy’s NextGeo to open office in Germany appeared first on Offshore Energy.

El Puerto de Cartagena estudiará nuevas soluciones para evitar el arrastre de partículas y residuos al mar por el agua de lluvia

La Autoridad Portuaria licita por más de 137.000 euros el estudio que definirá cómo recoger y tratar las escorrentías generadas en las zonas de actividad portuaria La Autoridad Portuaria de Cartagena saca a licitación por valor de 137.281,40 euros, IVA incluido, la asistencia técnica para estudiar nuevas soluciones de recogida y tratamiento de las aguas …

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Strait of Hormuz disruptions could hit firms behind 70% of global employment hardest

Disruptions in the Strait of Hormuz could put disproportionate pressure on the smaller firms that account for 70% of global employment, according to new analysis by UN Trade and Development (UNCTAD). Small and medium-sized enterprises (SMEs) account for around 90% of businesses globally, 70% of employment and 50% of GDP. They are also crucial suppliers …

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